Welcome to the “Off the Wall” Podcast

Caring for aging parents involves so many details, from medical and financial decisions to legal, long-term care, and end-of-life wishes. Statistics show there’s a clear disconnect between parents and children around these decisions, so it’s important to start talking about this with your parents early. We hope this episode makes it easier and less stressful for you to navigate the process.

Whether you realize it or not, your views on money are rooted in your early life experiences. Those views impact your financial decisions and your emotional and financial well-being. So, it’s important to become aware of the money lessons that shaped you, define what financial well-being means to you, and prioritize funding contentment. Tune in to learn how! In this episode of Off The Wall, hosts David Armstrong and Jessica Gibbs welcome Dr.

Dr. Richard Orlando of Legacy Capitals is back for Part 2 of our conversation about successfully transferring wealth to the next generation. Rich does a deeper dive on gifting to kids, including sharing ideas on timing gifts around core life stages. He explains what is a family meeting and why it is important, and suggests possible items to have on your family meeting agenda.

There are lot of questions, worry and anxiety surrounding leaving an inheritance. How do I prepare my kids to be good stewards of this wealth? How can I make sure the money doesn’t create entitled kids? Do I tell my kids how much I’m worth? Dr. Richard Orlando, Founder of Legacy Capitals, joins the podcast to share his expertise on how to successfully pass on wealth to the next generation.

What is a corporate trustee? And should you be considering one as part of your estate plan? Michelle Diamond and Heather Savage with Cumberland Trust make the case that corporate trustees are worth considering regardless of your net worth—people are fallible, family dynamics are complex, administering a trust is a lot of work, and beneficiaries need education and support to successfully manage trust assets.

Many people wonder: is life insurance a problem in search of a solution, or a solution in search of a problem? The thing is, life insurance can be very beneficial when done right... so let's get down to it.

We spend a lot of time talking about creating a trust and estate plan, but what happens after the plan goes into effect, and how does it get administered? Dave and Jessica from Monument Wealth Management host Leah Del Percio, founder of Trustate, to discuss the challenges of estate administration and what you can do now to help your loved ones. Check out www.trustate.com for more info, as well as Trustate’s booklet on what to do when someone dies.